The indictment of 13 Russians for interfering with the Presidential election has intensified the pressure put on Facebook, which uncovered about three-thousand Russian-linked ads on its platforms before and after November 2016. Cheddar Senior Reporter, Alex Heath, breaks down the the latest developments.
Facebook's Vice President for ads, Rob Goldman, tweeted about Russia's disinformation effort. President Trump then cited him. Facebook did not intend for Goldman’s tweets to be quoted by Trump. They thought the tweets would only be seen by a contextually-aware audience of techies and media types who follow Goldman.
Heath believes that the tweeting from Goldman and other execs is part of a carefully orchestrated PR campaign by Facebook to make itself appear more transparent and relate-able through engaged spokespeople on Twitter.
These are the headlines you Need 2 Know.
Imran Khan, one of the highest paid executives at Snap, is leaving, reportedly to start a tech investment firm. Khan was deeply involved in bringing the company public last year.
The co-founder of the Chinese e-commerce giant on Monday laid out plans for after his retirement, saying current CEO Daniel Zhang would take over as Executive Chairman. Ma meanwhile will focus on education charities once he steps down.
MasterClass just raised $80 million in funding, which CEO David Rogier said he will use to get more high-profile instructors into its stable. The company already counts offerings from instructors like Judd Apatow, Gordon Ramsey, Steph Curry, among others.
Jed McCaleb, the co-founder of the Stellar Development Foundation, told Cheddar how blockchain technology can revolutionize how digital payments are tracked and secured.
Tesla's worries are no longer limited to the erratic behavior of Elon Musk. Stanphyl Capital's Mark Spiegel, a vocal short seller of the stock, said that Tesla is about to be overcome with competition from Mercedes, Jaguar, and Audi.
Christopher Mims, technology columnist for the Wall Street Journal, said that Apple is staking a "third act" on its wearables and accessories business, which includes the Apple Watch and AirPods.
Tesla shares dropped Friday after a slew of bad headlines. Elon Musk smoked a joint and drank whiskey in an interview with Joe Rogan, Tesla's chief accounting officer Dave Morton resigned after just a month on the job, and Tesla HR boss Gaby Toledano decided to not return to the company after taking a leave of absence last month. Plus, we're joined by Daymond John, entrepreneur and 'Shark Tank' star, to hear about his keys to building a successful career.
Guimar Vaca Sittic and Borja Moreno De Los Rios, co-founders and co-CEOs of blue-collar job platform Merlin, said they were frustrated that most job platforms seemed tailored to skilled labor positions. With Merlin, hourly workers can now search for positions in their fields.
Friday's strong employment report, showing an addition of 201,000 jobs in August and a 2.9 percent rise in wages, is a "tribute to Republican leadership," Rep. Cathy McMorris Rodgers (R-WA), the highest-ranking Republican woman in the House, said in an interview on Cheddar.
